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01st Dec 2023

Dear X,

Sub: Letter of Offer

This is with reference to your application and the interview had with you regarding
possible employment by our Company.

We are confirming our willingness to offer you the position of “______________” in our
Company.

This offer of employment is subject to:

A. i) Appropriate replies from your referees;


ii) Production of acceptable certified documentary evidence of your date of birth;
iii) Verification of documents

B. Declaration from you that you are /are not a relative of a Director of this Company.

Regarding A (iii), documentary evidence must be a birth certificate or a passport or an affidavit


sworn out by your father, mother, or close relative. School Leaving certificates are not
acceptable. This date, once accepted, will be used for all purposes in connection with your
employment and no cognizance will be taken of any alterations in the future.

You will be on probation for a period of 3 months with remuneration details as per the
Annexure and at the end of that probationary period and provided your work has been
found satisfactory, you will be confirmed (if you are a relative of a Director of this
Company then confirmation will be subject to the approval of the General Meeting of the
Company) in the Company's service

It should be clearly understood that during your probationary period, your employment with the
Company can be terminated either by the Company or yourself without any notice.

If you are confirmed in the service of the Company upon completion of your probationary period,
your employment may be terminated at any time by either party giving to the other three English
calendar months’ notice in writing of its intention to do so without assigning any reason
whatsoever.

You will be fixed at a Basic of Rs.23,979 (Rupees Twenty-Three Thousand Nine Hundred
and Seventy Nine Rupees Only) per month and other Allowances will be paid as
applicable to your position as outlined in Annexure.

Your service with the Company will be governed by the Company's Rules and Regulations as
applicable at the time being in force and your duties will be laid down by the Management of the
Company.

In the course of your employment, you may be required to disclose relevant personal
information that may be sensitive. Please note that the Company shall keep such information
provided by you confidential and shall use the same for official purpose only. By accepting this
offer of employment, you give your consent to the Company to collect such personal information
and use the same for official purposes.

This offer is open to acceptance till 03rd Dec 2023. On acceptance of the offer, kindly
indicate the possible date of joining.

If you accept this offer as herein stated, kindly return the duplicate copy of this letter with the
acknowledgement clause set out thereof duly signed and dated and also confirm that you are
not related to a Director of the Company.

Thanking you,

Yours faithfully,
for GRIDES & GUIDES LIMITED

xxxxxxxxxxxxxx
DIRECTOR

ACKNOWLEDGEMENT CLAUSE:

I have read and understood the terms and conditions as above and I agree to abide by
the same.

Signature ............................... Date ..............................

DECLARATION:

I am a/not a relative of a Director of the Company within the meaning of Section of Section 2(77)
and 188 of the Companies Act 2013.

Signature ............................... Date ..............................

ANNEXURE TO LETTER
COMPENSATION AND BENEFITS STRUCTURE
EMPLOYEE NAME
DESIGNATION
EXECUTIVE
LOCATION
CHENNAI
COMPONENTS
MONTHLY
YEARLY
(A) MONTHLY CASH BENEFITS

BASIC SALARY
23,979
2,87,750
HOUSE RENT ALLOWANCE
11,990
1,43,875
SUPPLEMENTARY ALLOWANCE
7,358
88,292
CONVEYANCE ALLOWANCE
1,679
20,143
SUB-TOTAL (A)
45,005
5,40,059
(B) RETIRAL BENEFITS

PROVIDENT FUND @ 12% OF BASIC SALARY


1,800
21,600
GRATUITY @ 4.81% OF BASIC SALARY
1,153
13,841
SUB-TOTAL (B)
2,953
35,441

TOTAL (A + B)
47,958
5,75,500

xxxxxxxxxxxxxx
DIRECTOR

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